Ningbo Shanshan Co.,Ltd. Provides Earnings Guidance for the Full Year 2017
January 19, 2018
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Ningbo Shanshan Co.,Ltd. provided earnings guidance for the full year 2017. The company announced that according to preliminary statistics of its financial department, the company predicts that the net profit belonging to shareholders of the listed company in 2017 will increase by between RMB 520 million and RMB 620 million with an increase of between 157.50% and 187.79% compared with the same period of the year before (based on the disclosed statistics according to relevant regulations). The net profit belonging to shareholders of the listed company after excluding extraordinary profit and loss will increase by between RMB 160 million and RMB 210 million with an increase of between 62.39% and 81.89% compared with the same period of the year before (based on the disclosed statistics according to relevant regulations).
Ningbo Shanshan Co Ltd is a China-based company mainly engaged in the research and development, production and sales of polarizers and lithium battery materials. The Company mainly conducts its businesses through nine segments. The Polarizer segment is mainly engaged in the research and development, production and sales of polarizers. The Cathode Material segment provides lithium cobalt oxide, lithium nickel cobalt manganate, lithium nickel cobalt aluminate and lithium manganate. The Anode Materials segment provides artificial graphite, natural graphite, and silicon-based anodes. The Electrolyte Materials segment provides electrolytes and lithium hexafluorophosphate. The Lithium Salt Materials segment provides lithium salts. The New Energy Vehicle segment provides charging services. The Energy Management segment is mainly engaged in material sales, photovoltaic power generation and other businesses. The Company also provides business through Investment segment and Other segment.
NINGBO SHANSHAN CO.,LTD. 
